GSA Capital Partners LLP Purchases New Shares in Atmos Energy Corporation $ATO

GSA Capital Partners LLP purchased a new position in shares of Atmos Energy Corporation (NYSE:ATO) during the second quarter, HoldingsChannel reports. The fund purchased 8,107 shares of the utilities provider’s stock, valued at approximately $1,397,000.

Other hedge funds have also bought and sold shares of the company. TFR Capital LLC. acquired a new stake in Atmos Energy in the 2nd quarter worth about $303,000. Clearstead Trust LLC acquired a new position in shares of Atmos Energy during the 2nd quarter worth approximately $820,000. Phillips Financial Management LLC acquired a new position in shares of Atmos Energy during the 2nd quarter worth approximately $2,613,000. Everett Harris & Co. CA bought a new position in shares of Atmos Energy during the second quarter worth approximately $410,000. Finally, Summit Global Investments bought a new position in shares of Atmos Energy during the second quarter worth approximately $905,000. 90.17% of the stock is owned by institutional investors.

Atmos Energy Price Performance

Shares of NYSE:ATO opened at $169.79 on Monday. The firm has a 50 day moving average of $173.43 and a 200-day moving average of $178.24. Atmos Energy Corporation has a 12 month low of $160.10 and a 12 month high of $192.51. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $28.69 billion, a PE ratio of 20.19, a PEG ratio of 2.94 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.08. The business had revenue of $879.06 million for the quarter, compared to analyst estimates of $900.82 million. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. During the same quarter last year, the business posted $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities research analysts predict that Atmos Energy Corporation will post 8.46 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, August 24th. Atmos Energy’s dividend payout ratio (DPR) is currently 47.56%.

Insider Buying and Selling at Atmos Energy

In other Atmos Energy news, Director William James Ware purchased 300 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $167.59 per share, for a total transaction of $50,277.00. Following the purchase, the director owned 488 shares in the company, valued at approximately $81,783.92. This trade represents a 159.57% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.43% of the company’s stock.

Wall Street Analyst Weigh In

ATO has been the subject of a number of analyst reports. Argus dropped their price target on shares of Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a research report on Thursday, July 2nd. Mizuho reduced their price target on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research report on Friday, May 29th. Wells Fargo & Company started coverage on Atmos Energy in a research note on Monday, July 13th. They set an “overweight” rating and a $200.00 price objective on the stock. TD Cowen lifted their price objective on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday, May 15th. Finally, Morgan Stanley set a $196.00 target price on Atmos Energy in a research report on Wednesday, July 22nd. Four equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $188.27.

Atmos Energy Profile

Atmos Energy Corporation (NYSE: ATO) is a U.S.-based natural-gas utility that primarily focuses on the regulated distribution of natural gas. Headquartered in Dallas, Texas, the company operates through local distribution systems to deliver natural gas to residential, commercial, industrial and electric generation customers. Atmos’s core activities include pipeline operations, gas distribution, system maintenance and reliability programs designed to ensure safe and continuous service to its customers.

The company’s services encompass gas delivery, system integrity and maintenance, storage and transmission connections, and customer-facing programs such as billing, conservation initiatives and energy-efficiency offerings.